I can’t afford anything in the NY Metro Area at the moment, so I’m exploring areas in:my home state of Vermont (Southern VT mainly)Keene, NYPittsburgh, PA where my brother livesKingston, NY (Upstate NY area/Catskills)North Adams, MA (college town)I’m trying to stick to areas I have some ties to since it will most likely be an out-of-state situation with a property manager.My goal is to buy a 2-4 unit property that is in decent shape, rent the units, and have one unit for myself to come to when I want to get away from NYC.I’ve been running numbers on both the rental property calculator and the BRRRR calculator with varying results.

He's telling you to wait a week because you're going to go look at cars in person, or put your contact info on some website, to "think about it" a week earlier than whatever he tells you (this is 100% true, and as a lender I will not believe you if you tell me otherwise... sorry :P ), and the second you walk onto that car lot a bunch of car salesmen are going to descend upon you, deploying various lines of BS as a pretext to run your credit ("it's a soft pull" or "we just need your SSN to verify you aren't a terrorist, we aren't going to run your credit") and close you on a car that very day, and there is greater than a 0% chance you will believe what they tell you and screw everything up.The rule is that whatever you tell homebuyers not to do, some non-trivial percentage of them are going to push it one notch farther than you tell them.

The value is in the business and it takes a special person to run that business.

You are in a perfect job to become an investor and to run your own business.

Ethics run the entire spectrum in real estate. 

Running a successful syndication company completely depends on our investor base. 

Hello All, Wanted to get some input on a deal that was passed my way at REIA meeting last night.....I am running the numbers and things are just not making since, so wanted to get some input from the masses, something just seems off or odd....Orlando FL., B to B+ area4/2/2 built 19731400sq ft149kest: 40k rehab ARV $249krents in area on 3's going for $1800-2250, no 4 beds under 2500sq ft in area to compare rent ratesI asked the agent if it was sinkhole home, because numbers sound like one.. but claims not, states the home is currently owned and lived in by investor, investor bought home in 2001 for 90k at auction, has lived in it since and never put any money into the home except kitchen with new appliances.

I understand that multi family properties are the better way to go, but can buying and holding condos for the long run be a good idea as well? 

People of BP, I'm having trouble trying to Wholesale, i know what i'm doing far as setting up Contracts and all that, its more of finding Motivated Sellers of properties, every time i search for a property that's for sale by the owner, either i run into someone that already doing the same thing, took over the property and looking to sell it aka another Investor, or someone that has a Title Company already tied to the property and it puts me out of position to do anything after that.

Here are some ideas for you:Talk to a investor-friendly mortgage broker and run him through the different scenarios of how family might be able to help you buy this.